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Listed by Steven Golis • Radius Group Commercial RE
$2,300,000
Est. payment /mo
8,712 SqFt
Pending
310 S H Street Lompoc, CA 93436
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UPDATED:
01/15/2025 01:40 AM
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 8,712 sqft
Price per Sqft $264
MLS Listing ID CRV1-26447
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1959
Lot Size 8,712 Sqft
Property Description
310 South H St (Parkway Pines) is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, and is a fully renovated, turn-key, cash-flowing asset. This 8-unit multifamily property has undergone comprehensive upgrades in the past couple of years, making it an exceptional investment opportunity. Each unit features brand-new luxury vinyl plank (LVP) flooring, stainless steel refrigerators and stoves, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units and (2) 2BD/1BA units, with off-street parking for eight vehicles. With a strong 5.46% current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yield investment in a sought-after area, providing stable returns and long-term growth opportunities.Contact Listing Agents for more information!
Location
State CA
County Santa Barbara
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Community Facility
Exterior
View None
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